Debt Free and Growing Slowly or In Debt and Aggressively Expanding? - Page 2

maepaulino · 09-19-2006, 02:52 AM

there are no such things as dumb ideas... Only wrong implementations and wrong timing... I'd rather go slow but without debt sneaking at the back of my head...

MrMean · 09-24-2006, 12:22 AM

Well - I've always been the one who jumps in at the deep end. I think there is happy medium to be met here though.

What I would personally do:
Save up for 6 months and borrow the rest? Go 50/50 is what I'm trying to say. In a place like the Internet you don't want to be waiting around for a year. Then your taking on more than you can chew

**John Scott** · 09-24-2006, 10:15 AM

I decided to go the debt free route. Just like the freedom of being debt free, I guess.

Dustin07 · 09-25-2006, 09:38 PM

definately less stress.

E.Scape · 09-27-2006, 07:12 PM

Quote:

Originally Posted by John Scott

I decided to go the debt free route. Just like the freedom of being debt free, I guess.

That sounds so appealing and possibly your best choice.

If you have a great understanding of what it is your planning, then a calculated risk wouldn't be difficult.

More often than not many people can think of the same idea around the same time, the one who runs with it right away usually keeps the lead for the long term.

The above may not apply to what your considering. I'm sure you can sift through it.

suzjor · 09-28-2006, 11:40 AM

You know John...I would go that route too. Risks can be heavy gains but also can be heavy losses. You'll probably sleep better with the debt free route. Wishing you the best and hopefully it won't even take you a year to save for it!

funguru · 09-28-2006, 11:58 AM

all my internet ventures were with my own money (very less investment) needless to say that i did not go very far.. currently i am trying on a different approach with my blog.. i am reinvesting the money i am getting from there..not just reinvesting what i get but adding 50% more from my saving to the fund. this way i am still minimum risk and hoping to grow a little faster. I personally would not take risk taking on debt.

jg_v7n · 09-29-2006, 03:52 PM

Business is risk. Without risk there is no business.

Get the risk assessment right and you win, get it wrong and you loose. Of course business is fun because risk is fun, without the risk there is no fun. Its like gambling where you control the odds...

WagerX · 10-03-2006, 10:34 PM

John,
If your doing so well that you only have to wait a year.. then wait. 12 months goes by fast, and it will give you time to make a planned launch of your project expansion.

[quote=jezza chan]
could you be considering these:
1. Paying for Tv ads for v7n?
2. Starting a major advertising campaign?
3. Establishing a marketing company?
QUOTE]

TV ads? not likely
Marketting Company? Already established using different terminology.
Major Advertising Campaign? DOn't know..

But if I were to take a gues it would be either web casted SEO program (or show).. or web radio cast (TV SEO shoe sounds more feasible)

Anyway, good luck.

pnelson · 10-04-2006, 06:46 AM

get some VC, expand aggressively and sell out to the stock market! ;-)

bob100 · 10-08-2006, 01:43 PM

Quote:

Originally Posted by John Scott

Definitely true, but the Internet marketplace is so dynamic that one good idea today may be tomorrow's Dumb Idea Award Winner. ...

I think the very definition of GOOD IDEA would be one that would last. You can certainly go for the quick buck and there is nothing wrong with that but going deep into debt for a plan like that doesn't make much sense.

One thing for sure is I would not get into anything long term that was dependant on search engine position as one algo change and you could be toast.

My business plan involves building real repeat business with real customers. It is based upon business web hosting. Business people are usually the best and brightest in any community and if you can help them promote their business for what seems like a bargain they love you for it.

All of the promotional (adsense, YPN Affiliate etc) website stuff I do is just sort of for fun to see what I can rake in with it.

One day you can be Google's best buddy and the next day Google says who? Sorry we don't know this guy or his website.

###

Code Monkey · 10-21-2006, 12:39 PM

Currently I am reinvesting my sites income that is over a certain threshold. For instance, if I have a threshold of $500 then after it goes over that I start investing in growth. Never letting it drop below $500 in reserve. Eventually I will raise the threshold. I try to keep a years hosting cost in reserve in case times get tough until I am happy with the site.